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Ruppe 1 month Low

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The rupee fell on Monday to its lowest in a month as the dollar gained against major currencies, while firmer local shares limited a sharper drop. At 10:53 am, the artially convertible rupee was at 48.26/27, compared with Friday's close of 48.09/10. It hit a low of 48.38 in early trade, its weakest since May 18.
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